02:22:06truff1es:User XYZ is the one selling, and AHA he has a btc address linked to his user profile, with one tap, i see his wallet contains 1.2 bitcoins. >>> is this just to explain or is this part of the app

02:22:59mjr___:this would be part of the app, you can link a btc address and the app will do a mouseover with info from blockexplorer or bitcoininfo

02:31:29mjr___:and in an animalistic sense, they offer protection from lone attackers

02:31:35dub:pretty hard to controll a group that size, coerce them into giving up keys etc, in a busy public area with LE around

02:31:40kakobrekla:police will be like "ooo whats this suspicious group of people, they seem to be handling cash amongs each other and typing on their phones, must be some sort of interweb drugs, lets bust em all"

03:04:37mjr___:truff1es: to be serious, since i am not brokering, escrowing, backing or in any way touching your money or your bitcoins, i could care less how much you choose to transact with someone else

03:05:13mjr___:as far as taxes, regulations, that is your responsibility to report, pay or whatever

03:42:28mjr___:truff1es: well, i am satisfied in the idea...a system to help people seeking to exchange btc for fiat physically. The blog post may not be clear, may have grammar or spelling errors, etc. But, the IRL exchange already exists, so I can't really deal with questions about it existing

08:54:38MJR_:;;later tell benkay i am aware of the fincen regs, but this is p2p. I will warn people not to sell or buy (or is it net?) per day, there is no central point that the money flows through, least of all me. I might buy or sell $100 today.

16:11:46kakobrekla:>I understand that the reason BFL looked so good is because of the performance per watt, but just because we want low wattage for maximum profits, and just because that's what we based our pre-orders on, still doesn't mean it's relevant to "Advertised Performance".

19:03:43mod6:It worries me about how things are over here. I wanted to have some silver and gld in case of some huge cluster fuck where I need to pay for something in metal as opposed to bitcoin. People over here have heard of bitcoin, but they don't know what it is or how to use it, so to them its pretty much "oh thats a scam.."

19:04:46mod6:so rather than waste my own time trying to explain what it is, and why they should give me gasoline or food for it, i'd just rather have some metals to pay with just in case.

19:05:54mod6:but maybe if -dev doesn't wreck it before anyone gets a fuckin chance to figure out how cool btc is...